Tilak Ventures Receives 'Hold' Rating from MarketsMOJO, Shows Strong Results and Bullish Trend

Tilak Ventures, a microcap finance company, has recently received a 'Hold' rating from MarketsMOJO. This upgrade comes as the company has shown positive results for the last 7 consecutive quarters, with a higher PAT (HY) of Rs 4.06 crore and the highest NET SALES (Q) of Rs 5.20 crore.
The stock is currently in a mildly bullish range, with technical trends improving from sideways to a 2.3% return since September 10, 2024. The Bollinger Band and KST technical factors also indicate a bullish trend.

At a ROE of 6.7, Tilak Ventures has a very attractive valuation with a price to book value of 1.7. It is currently trading at a discount compared to its average historical valuations. In the past year, the stock has generated a return of 22.15%, while its profits have risen by 77.3%. This gives the company a PEG ratio of 0.3.

The majority shareholders of Tilak Ventures are the promoters, indicating their confidence in the company. However, the company does have weak long-term fundamental strength with an average ROE of 1.96% and poor long-term growth as net sales have declined by an annual rate of -10.56%.

In the last year, Tilak Ventures has underperformed the market, with a return of 22.15% compared to the market's (BSE 500) return of 36.29%. While the stock may not be a strong buy at the moment, it is worth keeping an eye on as the company continues to show positive results and a bullish technical trend.